Emerging Markets on the Global Stage
Having grown in both size and global economic stature - on the back of greater integration and hard-won reforms - emerging markets are not only a permanent fixture on the world economic stage but are expected to be natural champions of the multilateral approach, Aqib Aslam and Petya Koeva Brooks say in their article for
Finance and Development. Emerging markets are not the unwilling hostages to global developments they once were. On the contrary, recent IMF research highlights how emerging markets now are increasingly influential both locally and globally. International organizations can lean more heavily on these natural allies, which have a growing stake in keeping the flame of multilateralism lit, to overcome the immense global challenges they face.
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